A smaller Australia but a more dependent one: 2021 Intergenerational Report

Australian treasurer Josh Frydenberg holds a copy of the 2021 Intergenerational Report in Melbourne on June 28, 2021. (Photo by William WEST / AFP) (Photo by WILLIAM WEST/AFP via Getty Images)

Australian treasurer Josh Frydenberg holds a copy of the 2021 Intergenerational Report in Melbourne on June 28, 2021. Source: Getty Images

Australia is going to be smaller, and the population will age more rapidly - that is the snapshot from the Federal Treasury. The intergenerational report is released roughly every five years, and it's intended to guide government spending over decades.



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